Python - Declining Balance Method (Depreciation Rate)

print ("Calculating Declining Balance Method (depreciation rate)")

# nth root of "x" | x**(1/n) | Square root of 4: 4**(1/2)
# DecliningBalanceMethod = (1-((ResidualValue/CostFixedAsset)**(1/LifeAsset)))

EnteredResidualValue = input ("Enter the Residual Value: ")
EnteredCostFixedAsset = input ("Enter the Cost of the Fixed Asset: ")
EnteredLifeOfAsset = input ("Enter the estimated Life of Asset in years: ")

# Convert entered numbers to float
ResidualValue = float(EnteredResidualValue)
CostFixedAsset = float(EnteredCostFixedAsset)
LifeOfAsset = float(EnteredLifeOfAsset)

DecliningBalanceMethod = (1-((ResidualValue/CostFixedAsset)**(1/LifeOfAsset)))

print ("The Calculating Declining Balance Method (depreciation rate) is: ", DecliningBalanceMethod)

print ("Thank you to fxsolver.com for assistance with this equation.")